Visit to a blind student's school🧑🦯🧑🦯(community medicine)
Mga Uri ng Ekonomiya (PDF)
1.
2. O Built upon traditional customs and beliefs
O Centers around agriculture, hunting,
fishing
O Barter and trade is often used in place of
money.
O Often, people in a traditional economy live
in families or tribes.
3. O Tribal/ Nomadic Communities
The bartering of hunted prey
used by the Inuit tribes in northern
Canada is an example of a
traditional economy.
O African
Countries
4. O based on market determined supply
and demand
O prices of goods and services are
determined in a free price system
O Private ownership, the government
does not own the businesses
7. O The government creates a central economic
plan for all sectors and regions of the
country
O The government allocates all resources
according to the central plan
O The central plan sets the priorities for the
production of all goods and services.
O “Opposite” of the Free market economy
10. O ownership of goods by both private and
government/state-owned entities
O part of the economy is left to the free market,
and part of it is run by the government.
O Mixed economies start from the basis of
allowing private enterprise to run most
business. Then the governments intervene in
certain areas of the economy, such as
regulation, and spending money on public services.